Here is another new trade I plan to open tomorrow morning. It will be a bull put spread against Amazon (AMZN). The stock shows a great push up at the beginning of a new breakout trend. I believe it will repeat the previous cycle when it broke up from a squeeze. If it repeats the Continue reading →
This week trading was definitely something. It was erratic and crazy. I had some trades which were good, turned bad, ugly, and great again. All in one week! So what happened and what trades I had or could take off the table? Let’s take a review. Freeport-McMoRan Inc. (FCX) – This was a great trade Continue reading →
Yesterday, I was thinking that if the weakness in TASR stock continues, I might be further taking advantage of it and offset losses on my put contracts. I decided to buy a put contract against TASR. When looking at the charts it is apparent that the selling took place and will be gaining more strength Continue reading →
My yesterday’s trade finished today with full profit. I managed to keep the entire premium I collected and the option against GameStop (GME) expired worthless. Although there were many doubts out there whether GME is a good stock to own or not I trusted my sense and expectations when opening the trade. Of course, I Continue reading →
This morning I entered another trade against GameStop (GME). It was a bit speculative trade and a source of either a quick profit or a big burn. Today after market close GME reported 1Q results and I took a risk of being burnt if the company reported disappointing results. This trade will expire tomorrow, so Continue reading →
My account grew a bit once again and I decided to open another trade – a new put selling trade against Corning Inc (GLW). The company in a nutshell manufactures glass (if you can call it that way) which is used in iPhones, smart phones and tablets. That gives the company a great advantage as Continue reading →
This trade was inspired by my fellow blogger Integrator from the blog Get financially Integrated! and his latest article at Seeking Alpha “My Dividend Portfolio: Evaluating AT&T“. He is evaluating the AT&T (T) stock in his article concluding that the stock didn’t drop low enough for him to be buying this stock although the recent Continue reading →
Tomorrow is expiration Friday. My favorite day. Tomorrow I will officially collect my gains. Although I collected them physically a few months ago when I opened my options trades, those gains were still in jeopardy of being wiped out. Tomorrow those gains will be mine forever. (MORE: Options Assignment – Southern Company (SO)) Continue reading →
Recent Comments